
Chapter 02
Financial Statements
Understand financial statements, including the balance sheet, income statement, and cash flow, so you can read your business numbers with confidence.


21 in-depth guides in this chapter. Work through them in order, or jump to the topic you need.
- /01
Profit and Loss Statement
Read the guide - /02
Balance Sheet
Read the guide - /03
Cash Flow Statement
Read the guide - /04
Statement of Equity
Read the guide - /05
General Ledger
Read the guide - /06
Subledger
Read the guide - /07
Trial Balance
Read the guide - /08
Chart of Accounts
Read the guide - /09
Journal Entries
Read the guide - /10
Adjusting Entries
Read the guide - /11
Closing Entries
Read the guide - /12
Opening Entries
Read the guide - /13
Retained Earnings
Read the guide - /14
Financial Statement Analysis
Read the guide - /15
Horizontal Analysis
Read the guide - /16
Vertical Analysis
Read the guide - /17
Notes to Financial Statements
Read the guide - /18
Interpreting Financial Statements
Read the guide - /19
Financial Ratios
Read the guide - /20
Recording a Business Loan
Read the guide - /21
Loan Amortization
Read the guide
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